Walmart Attracts Affluent Shoppers, Perplexity Enters E-Commerce, Google Enhances In-Store Shopping
Update: 2024-11-20
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl.
In today's Retail Daily Minute:
- Walmart has reported a 5.3% rise in U.S. sales and an 8.2% profit increase last quarter, driven largely by households earning over $100,000 annually.
- AI search engine Perplexity has introduced a shopping feature for Pro users in the U.S., enabling purchases directly within search results.
- Google Lens now offers real-time product reviews, price comparisons, and local inventory checks for in-store shopping.
Stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!
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